118 S Washington St #425AGreen BayWI54301
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 118 S Washington St #425A, Green Bay, WI, 54301 in Green Bay at $259,900 earns $1,759/mo in rent and nets $15/mo after the $1,169/mo payment, a 8.12% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $71,806 over five years. Ziffy Mortgage underwrites this on a 1.50 DSCR without U.S. credit history. With $2,394/yr in principal paydown, total projected return reaches $100,068.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 7.8% |
| Monthly Cash Flow | $15 | $450 |
City averages based on Green Bay market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,759 |
| Total Monthly Debt Service | $1,641 |
| DSCR Ratio | 1.07x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1999
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54301, Green Bay, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,423 (100%) |
| Owner Occupied HU | 6,548 (62.8%) |
| Renter Occupied HU | 3,385 (32.5%) |
| Vacant Housing Units | 490 ( 4.7%) |
| Median Home Value | $252,752 |
| Average Home Value | $299,720 |
Housing Distribution
Address Breakdown
Residential
10,061
Single Family
8,522
Multi-Family
1,539
Businesses
666
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Condo
Built in 1999
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54301, Green Bay, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,423 (100%) |
| Owner Occupied HU | 6,548 (62.8%) |
| Renter Occupied HU | 3,385 (32.5%) |
| Vacant Housing Units | 490 ( 4.7%) |
| Median Home Value | $252,752 |
| Average Home Value | $299,720 |
Housing Distribution
Address Breakdown
Residential
10,061
Single Family
8,522
Multi-Family
1,539
Businesses
666
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices